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129th MAINE LEGISLATURE |
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LD 2044 |
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LR 2722(01) |
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An Act To Increase
the Death Benefit for Firefighters, Law Enforcement Officers and Emergency
Medical Services Personnel |
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Preliminary Fiscal
Impact Statement for Original Bill |
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Sponsor: Rep. Ackley of Monmouth |
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Committee: Criminal Justice and Public Safety |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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Potential current biennium cost increase - Maine Budget
Stabilization Fund |
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Fiscal Detail
and Notes |
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Increasing the
death benefit amount from $50,000 to $75,0000 and indexing the benefit amount
to the Consumer Price Index will reduce the balance in the Maine Budget
Stabilization Fund. The exact amount by fiscal year can not be determined at
this time and will depend on the number of eligible individuals who die in
the line of duty. Any additional costs to the Department of Administrative
and Financial Services to adopt rules to annually calculate an increase in
the death benefit based on the previous year's increase in the Consumer Price
Index are expected to be minor and can be absorbed within existing budgeted
resources. |
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